Eli Lilly Trying To Create 'supranational Court' With Lawsuit Against Canada, Feds Say
Posted 02 September 2014 - 05:47 PM
"Indiana-based Eli Lilly last fall went to the NAFTA arbitration panel and filed a lawsuit for $500 million against the Canadian government, after Canadian courts invalidated two of its drug patents."
Canadian courts in recent years have invalidated two of Lilly’s patents -- one for Zyprexa, an anti-psychotic, and one for Strattera, an attention deficit drug.
Lilly says the courts’ actions have already cost it more than $1 billion, and the company may be forced out of Canada.
Posted 03 September 2014 - 04:43 PM
"I for one will not be sorry for the reps."
The pharmaceutical rep is the consummate fusion of pimp and whore.
(I mean that in the literary sense; while I distain the pimp, I do not intend to disparage the honest, independent practitioners of the World's Oldest Profession.)
Posted 03 September 2014 - 08:36 PM
Brzghoff, in my previous life as a lawyer (oh, there she goes again with her "back in my day" stories ), my firm was involved in aspects of the development / negotiation of NAFTA . (We were a US firm that did foreign government representation in stuff related to the all three branches of the US government, and we had a tiny piece of NAFTA on behalf of the Mexican government and its negotiations with the US.)
From what I recall (and I have no intention of re-reading NAFTA, it was bad enough at the time), and what I read of this issue, Lilly is making a huge stretch ... and it's a massive test of the limits of NAFTA. I believe that Lilly is ignoring the intent of NAFTA and is using it, twisting it, for their own purposes (but of course ) ... I would just love to find out how much Lilly is spending on lawyers, and what firms they're using. (Hmmm... maybe I'll see what I can sniff out )
Canada simply must win this. Not just because it may "break" Lilly in Canada, but because it would "break" aspects of NAFTA and would allow other corporations to misuse the law for their own profits.
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